That is an interesting idea, I hope one day we have such an ecosystem. But most large stakeholders here are "crypto-bros" so it would be nice one day to see a change in who holds most of the stake..
It would also great increase the security of the chain by spreading out stake, making it harder for take overs or other shady stake based attacks.
Yes. It'll be difficult to break through that wall and just start using crypto as money that helps pay for the legitimate products we can offer. The average paying consumer type on the internet would love this. I know within a week someone would say, "You don't need to support the things you enjoy. Simply automate everything and get your ROI." Like throwing customers out of the store. They didn't come to buy ROI. Then we're right back to this same mess, praying for the bull run that only leaves this place trampled once it's done. Rinse and repeat. Such a waste of potential.
In order to have high quality content people would be interested in supporting with their own money, the content creator needs to get paid so they can improve. So the value that sticks around is in their audience, rather than the content creator's wallet. That's how it's done in life, and on the internet. Far more effective in practice. That's what led to something like Youtube having millions of creators and billions of viewers.
This approach where the content creator must hold their money in order to be accepted by their "audience" is odd and not very attractive to anyone who takes their work seriously. A true fan of your work would never turn their back on you simply because you spent some of the money they gave you.
And yes a positive side-effect of a mass of consumers is the added layers of security and decentralization. People want a decentralized media platform. That doesn't happen until its in the hands of the consumers.
Working on it, consumer boss!
Yep, everyone here only sees their "content" in terms of Hive. So they should ask themselves...
That's part of a comment from June, 2019. It's five years later and I still hate repeating myself.
Melts away, so people can earn a high score.